TRON (TRX) has maintained upward momentum alongside broader cryptocurrency market gains over recent weeks. The token recorded a nearly 6% rise in the past week, briefly reaching $0.369 before easing to $0.3589 at the time of writing. While price action remains within a tight range, network fundamentals suggest continued high usage, particularly driven by stablecoin transfers. Related Reading: TRON Trading Volume Tops $1B: Could $1 Be the Next Milestone? TRON Stablecoin Demand and Market Liquidity Data from the on-chain analytics platform CryptoQuant highlights that TRON has now processed more than 11.1 billion transactions in its lifetime, reflecting sustained growth since the start of the year. In 2024, the network closed with about 9.3 billion total transactions, meaning roughly 1.8 billion have been added so far in 2025. Current activity averages between 7–9 million transactions daily, with peaks near 10 million, well above the levels recorded in early 2024. Much of this activity is attributed to USDT/TRC-20 transfers, favored for their low fees and rapid confirmation times, positioning TRON as a widely used infrastructure for payments and fund transfers between wallets and exchanges. According to CryptoQuant contributor Arab Chain, the growth in TRON’s transaction volume is more than just a technical statistic; it directly influences market liquidity. “The current momentum in transaction volumes enhances liquidity and facilitates the movement of funds into derivatives trading, supporting bullish scenarios when sentiment is positive,” the analyst noted. From early May to mid-August, the network processed approximately 860 million transactions, highlighting a consistent flow of capital across TRON’s ecosystem. This steady throughput has created conditions for efficient capital rotation between spot and derivatives markets, particularly on larger exchanges. The ability to handle high activity without significant fee increases also indicates broad and organic demand, rather than short-lived speculative surges. TRON’s role as a major settlement layer for stablecoin transfers means it continues to act as a backbone for exchange and cross-border activity in the crypto market. Technical Indicators and Potential Price Scenarios Complementing the on-chain data, CryptoQuant analyst BorisVest pointed to TRON’s recent price behavior relative to technical patterns. At its current price of around $0.36, TRX has moved above the upper Bollinger Band, suggesting a phase of stronger momentum. While this could indicate the potential for further gains if buying pressure persists, the analyst cautioned that overextension often raises the risk of near-term pullbacks. If market momentum stalls, a retracement could present entry opportunities for long-term positions. On the other hand, if transaction activity and USDT flows remain strong while market sentiment holds, TRX could sustain its current trend. Related Reading: TRON Sees Over 8 Million USDT Transactions in One Week, What’s Fueling This? Historical data from other large-cap tokens suggests that a combination of high network utility, stablecoin integration, and sustained liquidity often supports prolonged uptrends, though the balance between retail activity and large-holder behavior will remain a determining factor. As TRON continues to process millions of transactions daily and maintain deep integration with stablecoin flows, its role in crypto market infrastructure appears secure. However, price performance in the short term will likely depend on how this usage aligns with broader market sentiment and technical support levels. Featured image created with DALL-E, Chart from TradingView
Crypto address poisoning scams exploded this week, with one victim losing $636,000 in Ether due to a purposefully contaminated wallet history.
Coinbase expects falling bitcoin dominance, improving liquidity and renewed investor appetite to shift gains toward altcoins starting in September.
The stablecoin and tokenization sectors are experiencing a significant resurgence, fueled by pro-crypto regulations introduced by the Trump administration. As a result, experts believe that decentralized oracle network, Chainlink (LINK), is poised to reap substantial benefits from these progressive developments. Is Chainlink Crypto’s Overlooked Gem? Market expert Miles Deutscher recently highlighted that LINK may be the most promising large-cap investment opportunity this cycle, despite the possibility that many investors could overlook it. Related Reading: Dogecoin Shorts In Trouble? This Retest Could Ignite Multi-Level Rally In a social media post on X (formerly Twitter), the expert asserted that Chainlink is uniquely positioned to benefit from the “institutionalization of cryptocurrency” and the explosive growth of stablecoins, tokenization, and real-world assets (RWAs). Notably, the total value locked (TVL) in RWAs has surged thirteenfold in just two years, climbing from approximately $1 billion to over $13 billion as institutions increasingly recognize the limitations of the traditional SWIFT payment system. In response, major financial players like asset manager and crypto exchange-traded fund (ETF) issuer, BlackRock, are advocating for tokenization, while companies such as Stripe and Circle (CRCL) are now exploring the development of their own blockchain solutions. In this environment, Chainlink serves as a crucial “universal translator.” According to Deutscher, each tokenized stock, bond, or piece of real estate requires an oracle to accurately reflect its value on-chain, and Chainlink dominates this space, controlling 84% of the oracle market. The Feedback Loop Driving LINK’s Success The Chainlink network generates revenue through two primary channels: on-chain fees for services used across various blockchain networks, and partnerships with large corporations that pay for Chainlink’s solutions. This revenue model supports its operations and facilitates buybacks of LINK tokens, further enhancing the network’s sustainability. Related Reading: XRP Price At $36: 7-Year Bottom Breakout Could Trigger Repeat Of 2014-2017 Moreover, Chainlink’s protocol automatically converts all revenues—whether in Ethereum (ETH) or Circle’s USDC stablecoin—from corporate partnerships into LINK tokens on the open market, depositing them into a strategic treasury. This mechanism not only strengthens the network’s financial foundation but also creates a persistent supply sink as users stake LINK to secure the network, earning a sustainable yield of approximately 4.32%. Deutscher emphasizes that this dynamic creates a powerful feedback loop: increased adoption leads to higher revenues, which in turn results in more LINK purchased and locked, enhancing network security and utility. In his analysis, Deutscher also drew comparisons between LINK and XRP, arguing that LINK has gained more traction within institutional circles than XRP, making it a more logical investment given its current valuation. For context, the total value secured by Chainlink stands at an impressive $84.65 billion, dwarfing XRP’s decentralized finance (DeFi) total value locked of approximately $85 million. Despite this disparity, XRP’s market cap is roughly twelve times larger than LINK’s, which Deutscher believes highlights LINK’s potential value at current levels. From a pricing perspective, Chainlink has recently broken above the $20 weekly resistance level, currently trading at $22.This is likened to Ethereum’s pivotal $4,000 level, indicating a potential upward trajectory for LINK in the coming months. Featured image from DALL-E, chart from TradingView.com
Bitcoin dominance has fallen to a six-month low while altcoin market cap jumped 50% since July, setting the stage for a potential September altseason, said Coinbase.
Ether traders took the biggest hit, with $348.9 million liquidated, followed by Bitcoin at $177.1 million. Solana, XRP, and Dogecoin saw $64.2 million, $58.8 million, and $35.8 million in liquidations, respectively.
Cryptocurrency exchange OKX permanently burned 278,999,999 OKB tokens — worth more than $26 billion at current spot market prices — onchain data shows.
Nakamoto, a Bitcoin entity established by Trump crypto adviser David Bailey, and KindlyMD, have merged to establish a new Bitcoin treasury company.
Hong Kong's new custody standards could enhance global trust in its digital asset sector, potentially attracting more international investors.
The post Hong Kong’s SFC sets new custody standards for crypto trading platforms appeared first on Crypto Briefing.
Despite the drop, late-session buying hints at renewed accumulation from large holders as selling pressure eased.
Solana started a fresh increase above the $185 zone. SOL price is now consolidating above $190 and might aim for more gains above the $200 zone. SOL price started a fresh upward move above the $185 and $192 levels against the US Dollar. The price is now trading above $190 and the 100-hourly simple moving average. There was a break below a bullish trend line with support at $202 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $198 resistance zone. Solana Price Aims For Fresh Increase Solana price started a decent increase after it found support near the $185 zone, like Bitcoin and Ethereum. SOL climbed above the $192 level to enter a short-term positive zone. The price even smashed the $200 resistance. The bulls were able to push the price above the $202 barrier. A high was formed at $210 and the price recently corrected gains below the 23.6% Fib retracement level of the upward move from the $174 swing low to the $210 high. There was a break below a bullish trend line with support at $202 on the hourly chart of the SOL/USD pair. However, the bulls were active near the $188 level and the 61.8% Fib retracement level of the upward move from the $174 swing low to the $210 high. Solana is now trading above $190 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $198 level. The next major resistance is near the $200 level. The main resistance could be $202. A successful close above the $202 resistance zone could set the pace for another steady increase. The next key resistance is $210. Any more gains might send the price toward the $220 level. Another Decline In SOL? If SOL fails to rise above the $200 resistance, it could start another decline. Initial support on the downside is near the $192 zone. The first major support is near the $188 level. A break below the $188 level might send the price toward the $180 support zone. If there is a close below the $180 support, the price could decline toward the $175 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $192 and $188. Major Resistance Levels – $200 and $210.
On-chain data shows the Dogecoin whales have gone on a buying spree recently, a sign that could be bullish for the memecoin’s price. Dogecoin Whales Have Accumulated During The Past Week In a new post on X, analyst Ali Martinez has talked about the latest trend in the holdings of the Dogecoin whales. The metric shared by the analyst is the “Supply Distribution” from on-chain analytics firm Santiment, which tells us about the total amount of DOGE supply that a particular wallet group is holding right now. Related Reading: Bitcoin Realized Price Flips 200-WMA: What Happens Next? Addresses or investors are put into these cohorts based on the number of tokens that they are carrying in their balance. All wallets with 5 coins, for example, are placed into the 1 to 10 coins range. In the context of the current topic, the whales are the investors of interest. These entities are typically defined as holding between 100 million and 1 billion DOGE. At the current exchange rate, the former converts to $22.4 million and the latter to $224 million. Clearly, the only holders who would qualify for the group would be the big-money traders. As such, the holdings of these investors can be worth keeping an eye on, as if nothing else, shifts in the cohort can provide information about the sentiment among the network’s influential beings. Now, here is a chart that shows the the trend in the Dogecoin Supply Distribution for the whales over the last month and a half: As displayed in the above graph, the 100 million to 1 billion Dogecoin range has seen its Supply Distribution go through a rise recently, indicating that members of the group have been participating in net accumulation. In total, the whales have added 2 billion DOGE (worth $448 million) to their holdings over the past week. This is a notable amount and suggests that the large investors are expecting the cryptocurrency to go up from here. It only remains to be seen, however, whether this accumulation would pay off for them. Alongside the buying, the cohort has also ramped up transaction activity, as Martinez has pointed out in another X post. The indicator shown in the chart is the “Whale Transaction Count,” which measures the total number of transfers occurring on the Dogecoin blockchain that involve a sum greater than $1 million. Related Reading: Bitcoin Options Traders Don’t Expect Volatility: Contrarian Signal Brewing? From the graph, it’s apparent that the metric has just seen a huge spike, a sign that big-money holders are on the move. DOGE Price Dogecoin has suffered a blow of 8% during the past day that has brought its price to $0.22 Featured image from Dall-E, Santiment.net, chart from TradingView.com
A crypto trader says Bitcoin is at a “key resistance” similar to the level where it topped in 2021, but other traders argue historical charts can’t be applied to this cycle.
Over 80 crypto and fintech executives asked the Trump administration to stop banks from levying data access fees, which threaten their business models.
Sequans' Bitcoin strategy could influence corporate treasury trends, impacting market dynamics and shareholder value in the tech sector.
The post Government-backed IoT company Sequans plans to accumulate 100,000 Bitcoin over next five years appeared first on Crypto Briefing.
XRP price is down over 6% from the $3.350 resistance zone. The price is holding the $3.020 support and might aim to start a fresh increase. XRP price is attempting a fresh increase from the $3.020 zone. The price is now trading below $3.20 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3.280 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could regain bullish momentum if it clears the $3.150 zone. XRP Price Dips To Support XRP price attempted more gains above the $3.30 zone, like Bitcoin and Ethereum. The price tested the $3.35 level and failed to extend gains. A high was formed at $3.35 and the price started a downside correction. There was a break below a key bullish trend line with support at $3.280 on the hourly chart of the XRP/USD pair. The pair dipped below the $3.250 and $3.150 support levels. Finally, it tested the $3.020 support zone. A low was formed at $3.031 and the price is now recovering toward the 23.6% Fib retracement level of the downward move from the $3.350 swing high to the $3.031 low. The price is now trading below $3.120 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $3.10 level. The first major resistance is near the $3.150 level. A clear move above the $3.150 resistance might send the price toward the $3.20 resistance. Any more gains might send the price toward the $3.250 resistance or even $3.2650 in the near term. The next major hurdle for the bulls might be near $3.30. Another Decline? If XRP fails to clear the $3.150 resistance zone, it could start a fresh decline. Initial support on the downside is near the $3.050 level. The next major support is near the $3.020 level. If there is a downside break and a close below the $3.020 level, the price might continue to decline toward the $3.00 support. The next major support sits near the $2.880 zone, below which there could be a larger decline. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $3.050 and $3.020. Major Resistance Levels – $3.150 and $3.20.
XRP, currently trading near $3, remains one of the most talked-about cryptocurrencies in the market. Whether it’s Ripple’s long legal battle with the U.S. Securities and Exchange Commission (SEC) or the massive price predictions circulating on social media, XRP always manages to stay in the spotlight. Price predictions range from $10 to $100, and in …
Bitcoin briefly set a new all-time high above $124,000 earlier today before experiencing a sharp retracement that brought the asset back below the $120,000 level. As of press time, BTC is trading at $118,336, representing a weekly loss of 1.9% and a 4.5% decline from its peak. The price shift comes amid notable on-chain developments that have caught the attention of market analysts. According to CryptoQuant contributor CryptoOnchain, the Bitcoin Exchange Whale Ratio across all exchanges has risen above 0.50, a level historically associated with higher short-term volatility. This ratio measures the proportion of BTC inflows to exchanges originating from large holders, often signaling potential market-moving activity. Despite this, aggregated data across all exchanges shows negative net flows, meaning more BTC is leaving exchanges than entering, which typically aligns with accumulation phases. Related Reading: Bitcoin Options Traders Don’t Expect Volatility: Contrarian Signal Brewing? Bitcoin Binance Activity Diverges From Broader Market Trends While overall exchange flows suggest accumulation, Binance has seen a contrasting pattern. Data from CryptoOnchain shows Binance recorded its largest single-day positive net flow in the past 12 months, indicating a concentration of BTC inflows to the platform. Such divergences, when high whale ratios coincide with significant inflows to one exchange, have historically preceded both sharp sell-offs and leveraged short squeezes, depending on whether the inflows are directed toward spot selling or derivatives trading. This activity has been accompanied by a surge in Binance’s BTC spot trading volume, which reached $7 billion in a single day, according to a separate analysis by Amr Taha of CryptoQuant. The spike in volume may reflect a shift in trader positioning, potentially influenced by institutional trades or broader macroeconomic factors. Additionally, short-term holder (STH) inflows to Binance have crossed the 0.4 threshold on the Spent Output Age Bands metric, a level often associated with retail-driven sell activity. Historically, retail participants have tended to sell into strength during bullish market phases, providing liquidity for more sophisticated traders. Whale Behavior Points to Lower Immediate Selling Pressure In contrast to heightened retail activity, the inflows from large holders, categorized as whales (1,000–10,000 BTC) and humpbacks, remain relatively low. Current whale inflows stand at 1,170 BTC, significantly below the 14,610 BTC recorded on July 19, which coincided with a notable price drop. The absence of similar large-scale selling now suggests a reduction in immediate downside risk, though market conditions remain dependent on other factors such as derivatives positioning and macroeconomic developments. The interaction between whale behavior, retail participation, and exchange-specific flows highlights the current complexity of Bitcoin’s market structure. While the broader trend of net outflows from exchanges supports a longer-term bullish outlook, the elevated whale ratio and concentrated inflows to Binance increase the likelihood of short-term volatility. Analysts recommend close monitoring of Binance’s order book, open interest, and funding rates over the coming sessions to better understand potential price direction. With Bitcoin hovering just below the $120,000 mark, the next few trading days will be critical in determining whether the market stabilizes or sees further corrective moves. Featured image created with DALL-E, Chart from TradingView
The standards cover management responsibilities, cold wallet infrastructure, third-party wallet oversight and real-time threat monitoring.
Web3 gaming funding steamed back as daily unique active wallets rose 2% to 4.9 million in July, with signs of a maturing industry.
Ethereum price started a downside correction from the $4,780 zone. ETH is again rising from $4,480 and might attempt a steady increase. Ethereum started a fresh increase above the $4,520 and $4,550 levels. The price is trading above $4,550 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $4,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it remains supported above the $4,500 zone in the near term. Ethereum Price Dips Remains Attractive Ethereum price started a fresh increase above the $4,600 support zone, beating Bitcoin. ETH price was able to climb above the $4,650 and $4,700 resistance levels. The bulls even pushed the price above the $4,720 resistance zone. Finally, the price tested the $4,780 resistance zone. A high was formed at $4,782 and the price recently corrected gains below the 23.6% Fib retracement level of the upward move from the $4,170 swing low to the $4,782 high. However, the bulls were active near the $4,480 support. They protected the 50% Fib retracement level of the upward move from the $4,170 swing low to the $4,782 high. The price is again rising and showing positive signs. Ethereum price is now trading above $4,550 and the 100-hourly Simple Moving Average. There is also a bullish trend line forming with support at $4,500 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $4,640 level. The next key resistance is near the $4,680 level. The first major resistance is near the $4,720 level. A clear move above the $4,720 resistance might send the price toward the $4,780 resistance. An upside break above the $4,780 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,880 resistance zone or even $5,000 in the near term. Another Pullback In ETH? If Ethereum fails to clear the $4,700 resistance, it could start a downside correction. Initial support on the downside is near the $4,550 level. The first major support sits near the $4,500 zone. A clear move below the $4,500 support might push the price toward the $4,400 support. Any more losses might send the price toward the $4,315 support level in the near term. The next key support sits at $4,250. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $4,500 Major Resistance Level – $4,700
According to market reports, Chainlink hit a three-month high at $23.80 this week as community sentiment for 2025 reached its strongest point so far. Trading activity was up, with about $2 billion in volume reported in the last 24 hours. The move came alongside broader crypto gains, but LINK’s own narratives — from real-world assets to cross-chain tools — are getting a lot of attention. Related Reading: Dogecoin Draws New Attention As Open Interest Tops $3 Billion Community Momentum And Market Moves Reports have highlighted a spike in bullish talk from Chainlink’s community, often called “marines,” and on-chain activity that traders are watching closely. Based on Etherscan data, one token contract reportedly bought back roughly 40,000 LINK units in an hour via Uniswap V3, which traders said added fuel to the rally. Sentiment trackers show a notable upswing, and trading charts reflect a string of green days that pushed prices into the mid-twenties. Chainlink’s Role In RWA And Policy Debates Based on reports, Chainlink now secures over $62 billion in total value that relies on its oracle feeds, a figure that was put at about 60% of the oracle market. The project is reported to provide data for 450 projects across 21 chains. LINK’s exposure to real-world assets also gets attention: reports place Chainlink-linked RWAs at nearly $16 billion out of a $57 billion RWA space. The project was mentioned in recent White House digital asset frameworks as an example of oracle usage, which added another layer to the story driving interest. Price Signals And Technical Readouts According to short-term forecasts cited by some providers, LINK could rise by 7% to reach $25 by September 13, 2025. Market indicators shown in those reports mark current sentiment as Bullish, with the Fear & Greed Index at 75 (Greed). Related Reading: Solana Strategy: Nasdaq Firm Taps Arthur Hayes For Advisory Role LINK recorded 19/30 green days over the past month, with price volatility at about 10% for the same period. Active daily transactions on Chainlink’s token have climbed during this rally, even though the baseline number of holders remains relatively low. Featured image from Unsplash, chart from TradingView
The cryptocurrency market faced a broad decline in the past 24 hours, with total market capitalization slipping 3.49% to $4.03 trillion. The drop follows a week of strong gains, during which Bitcoin hit fresh highs above $124,000. The Altcoin Season Index sits at 44/100, indicating that Bitcoin remains dominant, but altcoins are slowly gaining traction. …
Bitcoin price is trimming gains from the $124,000 zone. BTC is now consolidating below $120,000 and might aim for a recovery wave. Bitcoin started a downside correction from the $124,000 zone. The price is trading below $122,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $120,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $120,000 resistance zone. Bitcoin Price Dips Sharply Bitcoin price traded to a new all-time high near $124,000 before the bears appeared. BTC started a correction and traded below the $122,000 support zone. There was a move below the $121,200 support zone and the 100 hourly Simple moving average. Besides, there was a break below a key bullish trend line with support at $120,000 on the hourly chart of the BTC/USD pair. The pair tested the $117,250 zone. It is now consolidating losses and has recovered some losses to test the 23.6% Fib retracement level of the move from the $124,420 swing high to the $117,250 low. Bitcoin is now trading below $120,000 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $119,000 level. The first key resistance is near the $120,000 level. The next resistance could be $120,500. A close above the $120,500 resistance might send the price further higher. In the stated case, the price could rise and test the $121,650 resistance level or the 61.8% Fib retracement level of the move from the $124,420 swing high to the $117,250 low. Any more gains might send the price toward the $122,200 level. The main target could be $123,500. Another Decline In BTC? If Bitcoin fails to rise above the $120,000 resistance zone, it could start a fresh decline. Immediate support is near the $118,000 level. The first major support is near the $117,250 level. The next support is now near the $116,500 zone. Any more losses might send the price toward the $115,500 support in the near term. The main support sits at $113,500, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $117,250, followed by $116,500. Major Resistance Levels – $120,000 and $120,500.
Spot ether ETFs in the U.S. posted $639.6 million in net inflows on Thursday, continuing their inflow streak.
US Treasury Secretary Scott Bessent clarified on X that the department is still exploring budget-neutral ways to purchase Bitcoin, contrasting an earlier comment that tanked the crypto markets.
Bitcoin’s fresh record above $124,000 on Thursday set the stage for a stark test of one of oldest heuristics, according to Joe Consorti, Head of Growth at Theya. In a video published today, August 14, Consorti argued that the fourth quarter will reveal whether the market’s long-observed four-year halving cycle still governs price behavior—or whether the asset has entered a new regime shaped by deep, patient pools of traditional finance capital. “Bitcoin just hit a brand new all-time high of more than $123,700,” he said at the top of the segment. “It’s since corrected slightly…but we’re still pushing higher.” That print aligns with Wednesday’s tape across major dashboards: Bitcoin price topped above $124,4000 today as macro traders leaned into a prospective Fed easing path and risk sentiment firmed. Q4 Could Bury The 4-Year Bitcoin Cycle For Good Consorti framed the breakout against a month-long tug-of-war around $118,000–$120,000, describing how “longs and shorts have been fighting back and forth for market control,” with bulls “slowly but surely” grinding out the upper hand. He tied the setup to the seasonal transition out of the “summer doldrums,” and to a policy backdrop he expects to turn supportive: “As Wall Street returns from vacation… the Fed is positioned for its first maintenance rate cut in a year as the US economy rebounds.” Futures markets have increasingly priced a September cut, a shift that has underpinned risk assets broadly alongside dollar softness. The heart of Consorti’s thesis is that this expansion is structurally different. “This is also Bitcoin’s longest bull market ever… at 21 months compared to 13 months,” he said, using that duration to pose the key dilemma: “That begs the question, is the 4-year cycle dead? Well, at the very least, the 4-year cycle will be tested in Q4 of this year.” Related Reading: The Grand Bitcoin Roadmap: Crypto Expert Says $160,000 Still In The Works He pointed viewers to analysis from on-chain researcher James Check (Checkmate) at CheckOnChain. “If we see a massive run-up and blow-off top at 4-year end, the theory remains intact… but if not, Bitcoin’s behavior through market cycles has probably changed forever.” Check, for his part, has recently written that “if there was ever a time for the 4yr Bitcoin halving cycle to break, this market environment is likely it,” underscoring how veteran on-chain analysts are also bracing for a pattern shift. What’s changed, in Consorti’s view, is the buyer base. “Traditional finance capital pools have entered the picture, and they play by different rules.” He highlighted spot Bitcoin ETFs as the prime conduit: “These are purchased by retirees, pension funds, and endowments… These are allocators with no near-term intention of selling. They plan to hold it for years, even decades, and only gradually shave down positions over time.” To illustrate, he cited Harvard University’s endowment: “Their endowment purchased 1.9 million shares of iShares Bitcoin Trust, valued at $116.7 million in Q2.” That position—disclosed in a recent 13F—impressively demonstrates the institutional adoption of BlackRock’s IBIT. Related Reading: Two Forces Can Launch Bitcoin To $1 Million, Says Mike Novogratz Consorti extended the long-horizon argument to treasury adopters: “These are firms holding Bitcoin on their balance sheets with no plan to sell. Ever… the serious players… are permanent fixtures in the market.” The implication, he said, is a visible evolution in market structure and tempo: “Instead of the violent booms and busts of earlier cycles, we’re seeing something new, which is a consistent uptrend punctuated by periods of consolidation, then rapid expansion, then consolidation again.” As supply becomes increasingly lodged with long-duration holders and the asset’s capital base thickens, “volatility naturally compresses, but upside doesn’t vanish. It just plays out in longer arcs, with bigger dollar moves and a slower tempo.” He added that this maturation is already noticeable as Bitcoin grows “beyond its current $2.4 trillion market cap,” even as he acknowledged that the fourth quarter will be the crucible for the cycle debate. “In Q4, that dynamic could be on full display,” Consorti concluded. A “mix of easing financial conditions, renewed institutional inflows post-summer, and persistent structural demand from ETFs, corporates, and high net worth allocators could set the stage for another leg higher and a banner Q4.” But his sign-off was deliberately non-deterministic: “Only after the fourth quarter of this year will we truly know whether or not the four-year cycle is truly dead and buried… We’ll just have to wait and see.” At press time, BTC traded at $119,068. Featured image created with DALL.E, chart from TradingView.com
The commission has exercised its final procedural extension for Solana ETF applications, citing the need for additional time to review.
ETH’s rally is fueled by record flows and BTC outperformance, but rising exchange inflows spark debate over momentum vs. consolidation.
Bit Digital posted $25.7 million in total revenue for the second quarter of this year, down 11.7% year-over-year.